Now with the rate possbility being cut, Sorenson has hit panic mode button, of course they not going to lay off anyone now, they need every employee help them get the words out. Sorenson wants to do a lay off according to my friend who works for Sorenson, but affaid to do so due to the social media, Deaf community and how they been bashed in the media.

So instead plan to do this all at once, lay off bunch of employees and blame FCC for it at the end of the day. Now with Purple, yes it was ugly painful lay offs for some of them but it was a correct thing to do for the company move forward to do business for the long run. Keep in mind, Purple is not only company in USA laying off people, it happening all over USA and Purple is not different. But I can see they are bouncing back slowly and growing again.

As for me, I use services that provide diversity in their company, quite frankly Purple Communication seems to be only company that has diversity across board at Purple compare to others VRS provider. Am angry because we live in the 21st century and more VRS should have more diversity race in VRS company.

I challenge other VRS to step up on the plate and hire more diversity in race. I honestly can not picture Zvrs, Sorenson and Convo vrs hiring Mexican, Black or Chinese person and having an important role in the company. Reason why am saying this, look at their track record, their history speaks for itself and we live in a time where diversity is what makes this country a great place to live. Having said that, please prove me wrong, go HIRE a CEO who is Deaf and not white then I will shut my mouth until then I am not. Better yet, you will win my service!

Keep it up Purple!! As long you embrace diversity, am with you all the way. Continue to hire diversity people because this will set you apart from other VRS and certainly will help you grow in the long run.

EBITDA
Earnings before interest, tax, depreciation and amortization. (in other words PROFIT)

Trailing Twelve Months – TTM Mean?
The timeframe of the past twelve months (the past year) used for reporting financial figures.

Obviously you cant read…..Bottom of page 1 of the 2nd document, It clearly says DROP FROM 240M…………

“However, more bearish estimates suggest TTM EBITDA could drop from USD 240m to USD 100m if the rate cut holds, as previously reported. Assuming interest and capex continue to run at USD 130m, the company could start to burn cash quickly, as reported. “

The first document from John Ziev is not valid–what he wrote is his opinion and his analysis, not facts.

The second document is more factual, but I still dont’ see anywhere where it says Sorenson says they make a 240 million dollar PROFIT.

http://fjallfoss.fcc.gov/ecfs/document/view?id=7020492012

I do not believe Sorenson’s web site at all because AFTER seeing what I found on the internet. I know Sorenson is LYING to the public period!

What I found will be disclosed very soon! but I can honestly say this.. Sorenson has been telling their investors that they make about $240 million dollars in profit! Thats about 45% profit margin WAYYYY alot more than FCC allows of 11.25% profit !

Therefore Sorenson’s words means NOTHING to me…

Jon